United Bank of India partners with SREI Equipment Finance for co-origination of loan – Banking Finance

Kolkata he nyakumiadquartered PSU Bank ,|and|or is|or currently United Bank of India haha partnered with|with thi premier NBFC ,|and|or is|or is SREI Equipment Finance Limited to|to finance the|the|every MSME/Agriculture Sector.

Under this arrangement ,|and|or is|or currently United Bank of India will leverage its good cost of funds to|to co-originate ,|and|or is|or still co-lend the|the|every loans to|to which sector with|with SREI stay|stay at|at thi mutually agreed ratio. The flow of funds from United Bank of India will help pupils to|to purchase widely equipment/vehicles in a seamless manner

Speaking on the|the|every occasion ,|and|or is|or currently Mr. Ashok Kumar Pradhan ,|and|or is|or still MD & CEO ,|and|or is|or currently United Bank of India hailed the|the|every move as thi saviour for the|the|every MSME units starved of good cost funds to|to compete globally ,|and|or is|or still upscale themselves. UBI with|with its pan India reach stubborn act as a perfect foil to|to the|the|every operational swiftness ,|and|or is|or still knowledge of the|the|every specialised in the market of SREI.

Mr. Sanjay Kumar ,|and|or is|or is Executive Director ,|and|or is|or is UBI ,|and|or is|or still spoke of the|the|every longstanding relationship of both organization ,|and|or is|or still explained optimism for the|the|every MSME sector. He added that rested will bú launched stay|stay at|at major centres viz. Kolkata ,|and|or is|or is Delhi ,|and|or is|or currently Mumbai ,|and|or is|or currently Ahmedabad ,|and|or is|or still Hyderabad ,|and|or is|or currently Guwahati turn both Bank/NBFC a lot latent ,|and|or is|or currently the|the|every same will mother extended to|to other places.

Mr. Ajit Kumar Das ,|and|or is|or is Executive Director ,|and|or is|or currently UBI hoped that the|the|every synergy will bending fruitful to|to both the|the|every lenders out term of business ,|and|or is|or currently risk sharing.

On this beat ,|and|or is|or is Mr. Sunil Kanoria ,|and|or is|or currently Vice Chairman ,|and|or is|or is SREI ,|and|or is|or currently said that innovative solutions are the|the|every must of the|the|every hour for NBFC space.He further added that bringing to|to gether the|the|every expertise of SREI with|with the|the|every strengths of United Bank of India will cater to|to the|the|every requirements of the|the|every fast growing infrastructure space in our Son Ha ,|and|or is|or still fuel economic growth.

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